Housing costs in Monticello?
A typical home costs
$241,200, which is 28.7% less expensive than the national average of
$338,100 and 21.7% less expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Monticello costs
$1,160 per month, which is 9.4% cheaper than the national average of
$1,280 and 32.8% cheaper than the state average of
$1,540.
Can I afford Monticello?
To live comfortably in Monticello (zip 31064), Georgia, a minimum annual income of
$46,080 for a family, and
$41,200 for a single person is recommended.
What does A.I. say about Monticello?
The cost of living in 31064 Monticello, GA is relatively low compared to the national average. Median housing costs are approximately $120,000, which is lower than the national median of $200,000. In addition, the average income for individuals and families is slightly below the national average, meaning that most can afford to live comfortably in town. Utilities such as electricity and water are also fairly inexpensive and basic services such as transportation and grocery stores are readily available. Overall, the cost of living in 31064 Monticello, GA is ideal for families on a budget looking for affordable quality of life.